The Business Times, 27 October 1999

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Microfilm: NL21657
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 THE BUSINESS TIMES 85* SINGAPORE Internet: http://business-times.asial com.sg/ WEDNESDAY. OCTOBER 27. 1999
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  • Article
    Lock icon MARKET SUMMARY
    59 1 JM3JB (-8.83) ,< PIBT-SEI D 773J2 (-2.00) SOESCIFUTUIES 271<80 (-100) frOCKMAXXET INDICES Tueaday Change KLSE OOMP WN9.., -4JB NIKKEI tfJRi.79 *U09 HANG SENG 12.797*—-Mi SET INDEX *7M4 +U8 JAKARTA OOMP Mitt -IS MANILA OOMP —1,127 Ji *7.19 TAIPRJWPI 7,***** +18.42 SEOULOOMP 797.01 -1J9 CLSA CHINA B 771.19 >11.12
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  • Article
    Lock icon FINANCE
    74 1 ran bites US# S3 on MM l£(GS$/SSper£) 1.669 11* 1.066 1.776 DM \M< 9W ten i«.i i*r EM 1866 8.458 ma 7.77i ui4 BART *84 MO BJPIAH 6,786 6*»* 'St* Mint* PUKE BATES SINGAPORE* MO KUALA LUMPUR 7J6 JAKARTA MM BANGKOK 18J0 MANILA 11.00 HONGKONG MS TWPH A07 SYDNEY
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  • Article, Illustration
    Lock icon Guarded market welcome for new Indon Cabinet
    859 1  -  Analysts do not expect new economic team to deviate from IMF guidelines Frvm\ Shoeb mKagda in Jakarta FINANCIAL markets gave a tepid welcome after Indonesian President Abdurrahman Wahid unveiled a largely inexperienced team and named respected ethnic Chinese economist Kwik Kian Gie as
    859 words
  • Article
    Lock icon Economists now put Q3 S'pore growth at 7-8%
    457 1  -  Forecasts follow strong Q3 manufacturing growth of 16.7% By Audrey Tan [SINGAPORE] Robust manufacturing growth of 16.7 per cent in the third quarter is likely to have led the Singapore economy to expand by 7 to 8 per cent, economists say. September's
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      106 1 DfSIDE Top stories Cfob offer: I'm no proxy," says lawyer Tai Sim Yew. P§ 4 NOL unvote new corporate structure, with strong emphasis on J- J> foreign latent P0 m Spore banks should lead in financial dtecbsures: MA& SM Lee on growing pains of democracy in A jua tjiii I)
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      47 1 fc Discerning arid analytical, he gets to the heart of an issue ver, quickly. ™"W" v He's alwnys on the go. Philip Ng, chief executive of Far East Organisation, commenting on Shaukat Aziz, Pakistan's new Finance Minister. l Mr Aziz is a Citibanker once based in Singapore.
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      71 1 Many surprise inclusions inGusDur's diverse Cabinet, Next Page Profiles Kwik Kian Gie, BamMting Sudibyo, Muhammad Yusuf Kalla, Next Page W I efyiurt 7<9ffl |i» i The movem^ Heir to a [Moud watchmaking tradition Orchard Road 02-36, Wis ma 65/737 64 51, Fax 65/235 82 00. Dickson shops: The Centrepoint, shops:
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  • NEXT page
    • Article, Illustration
      Lock icon Many surprise inclusions in Gus Dur's diverse Cabinet
      1036 2  -  Economic team made up almost entirely of new faces Prom' Yang Razali Kassim in Jakarta AFTER days of hard bargaining, Indonesian President Abdurrahman Wahid walked the fine line and unveiled yesterday a "national unity" Cabinet full of surprises, including ministers in his
      REUTERS  -  1,036 words
    • ON THE grapevine
      • Article
        Lock icon Cultural exchanges
        104 2 SENIOR Minister Lee Kuan Yew's recent call for the Singapore and Hongkong stock exchanges to join hands has certainly brought up some interesting issues. For sure, there would be many advantages to having such a tie-up since both are well-knowA for their commitment to free markets, investor needs
        104 words
      • Article
        Lock icon Recipe for disaster?
        143 2 WHAT happens when you take a narrow, tiring bull market, throw in a couple of interest rate hikes, add a touch of earnings shortfalls and stir thoroughly? As far as US mutual funds are concerned, the resulting concoction is pure poison. According to Upper, a fund-tracking outfit,
        143 words
    • Article, Illustration
      Lock icon PROFILE
      1014 2  -  Reports by I Shoeb Kagda inJakarta Kwik Klaa CMe Coordinating Minister for Economy, Finance and Industry A CONTROVERSIAL but widely-respected economist Kwik Kian Gie is the most familiar face among the new slew of economic ministers appointed by President Abdurrahman Wahid. The 64-year-old former businessman is a senior economic
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      451 2 ►^B HT^B »s K^«nryj|2^j|l 'M jTOTTK r#rS *m fl fr "An ounce of prevention is worth a pound of cure" The advances in information technology and transformation of business environments demand that companies take a critical look at protecting themselves: today and for the future. Every business transaction carries some
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  • FINANCE news
    • Article, Illustration
      Lock icon Citibanker named Pakistan's finance minister
      711 3  -  Shaakat Aziz was based in Singapore from 1993 to 1996 By i Catherine Ong SHAUKAT Aziz, a senior Citibanker who was based in Singapore from 1993 to 1996, was named finance minister of Pakistan on Monday night. The 50-year-old banker who left Pakistan, the country
      711 words
    • Article
      Lock icon Guidelines for capital guaranteed funds
      542 3  -  MAS move likely to widen range of foods available to public By\ Siow Li Sen [SINGAPORE] The Monetary Authority of Singapore (MAS) yesterday issued guidelines for capital guaranteed funds and futures and options funds sold to retail investors, a move that is expected to widen
      542 words
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      133 3 S*poa*e banks should lead in disclosures: MAS, Pg 9 BARGE FOR SALE Particulars of Vessel Name of Vessel Nexus Naga (ex Rabibah) Type Barge Flag Honduras Registry Honduras Location Singapore Length 125 m Breath 27.45 m Depth 4.88 m Year Built 1977 GRT 4,763 M/Tons NRT 1,429 M/Tons LDT Approx.
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      144 3 hi 0.l «■> -2, ..1 ,P P 1^ V' y W -,»!f. vat,* 1 'j§ i; rjK. II Am. JPW_ 4 B X w Zm m. M B V B? a J| t ,i Bto B B||k: i A*2Bpv9 T"f- ill WF rink, > *-*&j/r* .4 "«y HrHHHb wHBIHBp r
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  • SINGAPORE companies
    • Article
      Lock icon SES to introduce 'conditional trading' for CSM
      377 4  -  But most future IPOs teen keeping to *when issued' and 'ready' systems By] R Sivanithy (SINGAPORE] The Stock Exchange of Singapore (SES) yesterday announced that in addition to the usual "when issued" and "ready" trading systems for new listings, another category known as
      377 words
    • Article, Illustration
      Lock icon Clob offer woman: I'm no proxy
      513 4  -  Mi exclusive Prom Eddie Toh in Kuala lumpur TAlSlm Yew may be the only woman biddmgfcr the frosen shares formerly tradedon Singapore's market, Clob International, but she says that does not mean she's fronting for Malaysian politicians. M rm definitely not a nominee. My
      CHAN HOOI FAY  -  513 words
    • Article
      Lock icon S'pore players favour link with HK bourse
      489 4  -  Bat HE exchange responds cantioady r FYvmi Quak Hiang Whai, Toh Han Shih in Singapore INDUSTRY players in Singapore welcomed Senior Minister Lee Kuan Yew's suggestion that the Singapore and Hongkong stock exchanges could boost liquidity, and appeal of their markets by Unking
      489 words
    • Article
      Lock icon UEM's Clob offer falls short of fair value, says SIAS
      416 4  -  By\ Siow Li Sen THE revised offer by United Engineers (M) or UEM for the frozen Malaysian Clob shares falls short of fair pricing and poses more investment risk, said the Securities Investors Association (Singapore) which represents some Clob investors.
      416 words
    • Article
      Lock icon Is your warning signal for real this time, Greenspan?
      1021 4  -  Kim lock slew anthony rowley I DECIDED to call Alan Greenspan at the Federal Reserve in New York it had been some time since we talked and things were not looking good. "Al," I said, after he picked up, "seems like
      1,021 words
    • Article, Illustration
      Lock icon S'pore 'global virtual HQ' of NOL, APL in revamp
      567 5  -  i exclusive APL to have three regional presidents reporting directly to NOL chief By] Marcus Hand [SINGAPORE] Neptune Orient Lines (NOL) has unveiled its new corporate structure, with a strong emphasis on foreign talent and its container transportation unit APL coming
      Compiled by BT  -  567 words
    • Article
      Lock icon Robinsons to open concept store, sees revenue rising
      419 7  -  Harks 4 Spencer will drive growth in company that's in pod shape, says CEO Byi Andrea Tan ROBINSON Company expects higher revenues for the current financial year and will open a new concept store in March. "Looking at it from the Robinsons
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    • Article
      Lock icon Acma sets up Web site with three developers
      285 7 IN what could lead to a total makeover of its business, Acma yesterday said it has tied up with three property bigwigs to set up the "premier property Web site in Singapore and the region". To ensure the success of the project,
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    • COMPANY Briefs
      • Article
        Lock icon ACI prices shoots up
        85 7 ACER Computer International (ACD share price shot up 44 US cents or 65 per cent after its Taiwanese parent announced it would buy back all Acer shares at US$l JO apiece. Yesterday's close of US$l.l2 is still 8 US cents short ofUSfOO. ACrs warrants meanwhile rote
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      • Article
        Lock icon Huo Seng Huat back in block
        89 7 HDP Seng Hnat returned to profitability for flie year ended July 31, with a million profit compared to a tW million loss a year ago. Tliie was despite a 4 per cent drop in turnover to $56.4 million. Earnings per share was OJS cents,
        89 words
      • Article
        Lock icon New chairman for Ipco
        46 7 Reuters executive chairman Sukardi Tandijono Tang with effect from Oct 25. Purwadi, who was die executive chairman, and WiryoPrambonoOng, the chief financial officer, the loss-making company appointed three other directors —Ady Sumasto, Rafie Sain and Thto Seng Feng.—tteuter& \j v V *:XM
        Reuters  -  46 words
      • Article
        Lock icon SES okays Pac Can's capital plan
        64 7 THBJud trial managers of Pacific Can fnywrtment Holdings said the Stock Exchange of Singapore has approved its capital reduction plan, which is still subject to sharehokKfei' approval and the confirmation of the High Court. The exchange has also given the green Ufht for the
        64 words
      • Article
        Lock icon Delifrance offer accepted
        46 7 ALEXANDRE VQgrain and his holding company, Alexandre Vilgrain Holding SA, have accepted the takeover offer for DaUfrance Asia sharee at ft apiece. Mr Vilgrain bad held 0.89 per cent or 1.25 million shares, while his company had 18.07 per cent or 32£ million.
        46 words
      • Article
        Lock icon Osprey bankers agree to loan extension
        95 7 Reuters OIL and gas shipping firm Osprey Maritime said its bankers had agreed to an extension of US$3B2 million (*****.2 million) in short-term loans. It said in a statement the extension would be through to the third quarter 0f2002. The focilitiee were originally repayable
        Reuters  -  95 words
      • Article
        Lock icon Second Chance bonus issue approved
        55 7 SECOND Chance Properties has got in-prtnciple approval for its proposed one-for-two bonus issue. Tte issue of 82 million bonus shares will beeflbcted by capitalising )3 million from its share premium account and $8.2 million from its revenue reserve account A circular will be ant out
        55 words
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      95 4 Formerly a military secret. Finally available to a select few. rrrrr'r\r T IIA i ((lllfi f'r .V 1 lIJ M M l, ok. Ik. Ik- Ik J*: J .J. Ji 4'; A\ Aj§ 4 SINi.ACORt S.'J (t.| A I M. Nil Ann Or>. "01 1 I<M Ow M'.l'l P f(i
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      394 5 VG your cue! Yow weekly guide to p«bs snd lounges every Friday in The New Paper Fastads fastads Lost uour 4^ pet? Try finding it at Classification 821 (Found) of The Straits Times Classified. CAX& Buy It Sdl h. Find k. Qui twtlft iniii, The overwhelming success of Paya Übi
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Trading quiet as rate fears continue to plague market
      563 6  -  1-11 comment STOCKS r. sivanithy A weak showing by US equities on Monday and a soft trading day for most of the region's markets meant traders here had to bear with another quiet, directionless and illiquid session yesterday. There were a
      563 words
    • Article, Illustration
      Lock icon Koh Brothers warrant may be underpriced
      202 6  -  WARRANT WATCH By R Sivanithy ABOUT a week ago, we featured the Koh Brothers warrant. Since then, the underlying share has fallen to 42.5 cents from 45 cents but the warrant has slipped to just 21 cents from 22, suggesting it has reasonably strong
      202 words
    • Article, Illustration
      Lock icon Market seems indecisive on Asiamedic
      250 6  -  HOT STOCK W Teh Hooi Ling ASIAMEDIC's share price yesterday fell three cents to $2.36. Exactly 60,000 shares were traded, against the 10-day average volume of 62,000. Asiamedic's price chart has formed what is called a symmetrical triangle. Seventy-five per cent of the time, a
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    • Article
      Lock icon Diary of events
      10 6 >„£ i V J >* COQlk> uitfiQ nrtmniocd bvthdJI^B
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    • Article
      Lock icon Untitled
      422 6 SmbC<xpl2fic..- 9082.000 W 8,878,000 Rat CapM 6,960,000 Ac* 50c 6,794,000 CMT«tocomHK7So 4,006,000 Am FoodtPlop US$ 4,367,000 Chum Hup...... 3.719,000 ST Engg 10c 3,868,000 L&MSOc...... 3,609,000 HM6c~ 3,434,000 mmtm I SambCorpI 25c 19,040,000 Nat Bac 10c 16,009.867 DBSOrp 14,136,070 FMClpM 13,064,370 StA 13*18,134 0C8C 12,796,806 8PH«~ 12,561,419 C*yD«v50c ...9,640*50 STEngg 10c
      422 words
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      107 6 More than I VH Wm HBB BMBB> j /^i l ■t| jy Why doesn't Recruitasia mm If offer free trials? ml Because it's m Forever Free u forHHn HHHI ml in Singapore. No wonder more and more Watch TCS 8 video clip people are flocking here to www.recruitasia.com. Showing rJWyJ
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      31 6 Short of cash to invest? Triple your cash vith our "Margin financing' Call DBS Online 323-3955 >31 )KSBANK m I I Wmß M mh B^H j INTELLIGENCE CHAN6ES EVERYTHING. to .„^v'^.,£.
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      158 7 Freehold En Bloc Apartments At Rochalie Drive off Tanglin Road Suitable for 2 good class bungalows Prime district 10 Land area: 2,850.1 sq m (30,678 sq ft) Existing 6 units of 3-bedroom apartment Tomhn#on Income-producing, sought- #,or SSS after by expatriate tenants orchard'Boulevard 0 Orchard Bat-Air 5 For Sale By
      158 words
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  • SINGAPORE news
    • Article
      Lock icon DBS Bank launches all-in-one Amex cards
      273 8  -  *y Ling Su Ann DBS Bank, which launched its blue and gold DBS American Express cards yesterday, hopes to boost its current card circulation by about a third within a year of the new cards' launch. Said Eric Saw, director and general manager of
      273 words
    • Article, Illustration
      Lock icon Asia's recovery depends on US: BG Lee
      616 8  -  He singles out Sino-US relations as key to the region's stability Reports from* Jennifer Lien in New York THE recovery of Asian economies will depend on the United States' actions and policies in the region, Deputy Prime Minister Lee Hsien Loong said here
      REUTERS  -  616 words
    • Article
      Lock icon NYSE keen on S'pore cross-listings
      355 8 THE New York Stock Exchange is "very Interested" in working with Singapore to create a platform for crosslisting of companies, NYSE chairman Richard Grasso told reporters on Monday. Speaking after his private meeting with Deputy Prime Minister Lee Hsien Loong, Mr Grasso said: "We are
      355 words
    • Article
      Lock icon S'pore banks should lead in financial disclosures: MAS
      545 9  -  ItwfflbetaDdifttt banks about raising standards Uglebfcl levels Byi Catherine Ong THE Monetary Authority of Singapore (MAS) wants Singapore banks to be the leader in financial disclosures in Asia and will be consulting them on moves to raise standards here to international levels.
      545 words
    • Article, Illustration
      Lock icon Derivatives document to see changes
      285 9  -  Byi Catherine Ong THE International Swaps and Derivatives Association (ISDA) will be making changes to a document widely used by banks for their derivatives deals. Speaking at a one-day regional conference here yesterday, Richard Grove Jr, executive director and chief executive officer of ISDA, said
      ARTHUR LEE  -  285 words
    • Article, Illustration
      Lock icon Newton Point: $80m expected
      280 10  -  mncnnwrnm Market estimates pot the breakeven cost for a development on the site at $1400 psf By* Andrea Tan NEWTON Point's collective sale is expected to fetch about |80 million. The 14-storey development sits on a 45,974 sq ft hilltop site off Newton Road, and the
      280 words
    • Article, Illustration
      Lock icon H2 growth could hit 8.5%, says SG
      333 10  -  on the economy outlook By, Andrey Tan ECONOMIC growth in the second half of this year is likely to surge to 8.5 per cent, leading ftill-year growth to 6.3 per cent, says SG Securities. The broking house expects Singapore to leverage on the
      333 words
    • Article
      Lock icon Want Want's 1% discount
      159 10  -  Teo Hoon Seng Singapore via Internet IT would appear from Want Want* s letter ("Want Want on its warrant exercise price", BT, Oct 22) that the company expected the share price to be at US$l.BO or thereabouts at the cessation of the rights trading, thus according
      159 words
    • Article
      Lock icon Hour Glass: Still same pain to go
      144 10  -  Jannie Tay Managing Director, The Hour Giass THE article on The Hour Glass under the heading "Good times are back" (BT, Oct 26) may have conveyed more than what I said during the recent Economic Forum The crux of my panel discussion during
      144 words
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      175 8 FRESH THROUGH JAPAN WITH ANA to 5 delicious USA destinations daily f t 't ii -V J** *'V" 1// IB Br B* nij K fl J l\ *J| MB |H BB H JHflHl B B I i BHH^nflh^ SPw 4 u 1 B .j| B I B f 1 fl
      175 words
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      549 9 Buy It. Sell It. Find It i Classified. CA.TA Call Today For Results Tomorrow. 1800-737-1166 v THE NANYANG Bi-annual overseas Business Study Mission culminating in books published and distributed internationally by Prentice Hall International faculty with extensive management experience Executive Programme with General Management and Specialised Functional Training Focus on
      549 words
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      141 10 COLLECTIVE SALE I \V>\ PRIME FREEHOLD LAND \VV\ > ON HILLTOP \V>v^ X W" -BSD yV AT NEWTON ROAD ■<X Superb location- Central and dose to Orchard Road /jy Walking distance to Newton MRT Tv\\Q// □pSST" Station On Elevated, breezy and quiet hilltop wwrttßft. I site with excellent city views
      141 words
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      3 10 E-mail btletter@sph. com.sg
      3 words
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      259 11 l^^fl hhhhh^HHHHHHH^^^^H^H I < i .r. M From helping construct a secure building at the blueprint Which is why at CISCO, offering total security has evolved M stage to installing and monitoring burglar alarms, one into a comprehensive operation supported by five major company offers value-for-money security solutions. CISCO. divisions
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon In economics, nothing is cut and dried
      770 12  -  I i I mm bottom line OPINION paul samuelson The writer is an economist at the Massachusetts Institute qf Technology OBERT Mundell of Columbia Universi--5 L/ ty was awarded the 1999 Nobel Prize in B economics for his innovative analyses JL wof international
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    • Article
      Lock icon IN OTHER WORDS
      90 12 'Now they've got to swim 10 miles to shore.' -HarkßaM the World Bank's representative In Jakarta, who likened Indonesia to a drowning swimmer who has broken the surface after a fierce struggle. 'Sure, Americans are buying trucks, but he's the author of Ford's strategy to have trucks
      90 words
    • Article
      Lock icon Estrada's push for change
      642 12 EDITORIAL IT is good that Philippines President Joseph Estrada has decided that the push for amendments to the county's Constitution to revise outdated economic provisions should outweigh any political cost to himself Among other things, he wants to dismantle economic protectionist policies by removing restrictions on
      642 words
    • Article, Illustration
      Lock icon Rules for SMEs from Sun Tzu's 'Art of War'
      1182 12  -  SMEs can gain from these strategies imlapai ****** Business School By Tan See Jhan, Lee Khai Sheong, Lim Guan Hua TanSooJiuanandLtmGuan Hua are associate professors tn the Faculty of Business Administration, National University of Singapore. Lee KhaiSheang is an assistant professor
      FILE PHOTO  -  1,182 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      842 12 Tit Wmtmmm fturfw AT FIRST glance, Pat Buchanan appears sapped of the political potency that made him an Important player in the 1996 presidential campaign: His pitch then to the economically distressed now carries little appeal given the resurgence in New Hampshire. His comments about Hitler
      842 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Meet merger deadline, or govt will intervene: Dr M to banks
      444 13 mergers 'We might find some —>•11 Kaitka to hm tnfJmr banks. So they better leek tut,' he says AFP [KUALA LUMPUR] The government will be forced to step in if Malaysia's banks foil to merge by a new deadline
      AFP  -  444 words
    • Article, Illustration
      Lock icon Arab-M'sia may seek anchor status
      197 13 Bridge News [KUALA LUMPUR] Prominent banker Azman Hashim yesterday hinted that his Ar-ab-Malaysian Bank will be seeking anchor bank status following the revision of Malaysia's original forced bank merger programme. "We will be approaching the authorities on negotiating with a few partners", was all Mr
      Bridge News  -  197 words
    • Article
      Lock icon TRI to unveil bond payment plan
      212 13 KUALA LUMPUR Bloomberg TECHNOLOGY Resources Industries Bhd (TRI), Malaysia's biggest cellular phone company, said it would unveil this week plans for raising the US$297 million (***** million) it needs to repay holders of one of its two Eurobonds. TRI will make an announcement on
      Bloomberg  -  212 words
    • MARKET moves
      • Article
        Lock icon Amcorp up on revised restructuring
        106 13 FINANCIALLY-TROUBLED Arab-Malaysian Corporation Bhd (Amcorp) saw its share price rise in active trade yesterday after announcing it had aborted its earlier proposed capital reduction scheme. Instead, the diversified group said it would now issue about 408 million new shares to repay its debts. Amcorp said
        106 words
      • Article
        Lock icon DiGi Swisscom soars on Telenor buy
        134 13  -  Co-pfledbj Ruth Wong SHARES of mobile phone operator DiGi Swisacom saw its biggest one-day gain yesterday, a day after it announced Norway's Telenor International AS woukl buy a 30 per cent stake in it for 787.5mi11i0n Malaysian ringgit (***** million). TWs works out to
        134 words
    • Article, Illustration
      Lock icon Gopeng drops plan to buy KFC stake
      258 14 KUALA LUMPUR Move likely to spark another tussle for control of ETC Bloomberg GOPENG Bhd, a Malaysian construction company, scrapped plans to buy a stake in KFC Holdings Bhd, the country's biggest fast-food chain, citing problems raising fUnds. Last month, Gopeng said It
      Bloomberg; FILE PHOTO  -  258 words
    • Article
      Lock icon YTL unveils RM150m facelift for Bt Bintang
      516 14  -  Development plus to torn area into retail and restaurant hnb From', Diana Oon Abdullah in Kuala Lumpur PROPERTY and power conglomerate YTL Corporation Bhd yesterday unveiled a ISO million Malaysian ringgit (5565.7 million) facelift of its Bukit Bintang properties to turn the area
      516 words
    • Article
      Lock icon IOI names new chairman to replace Anwar's father
      162 14 KUALA LUMPUR Reuters MALAYSIA'S 101 Corporation Bhd sakl it has named Lee Shin Cheng as executive chairman, succeeding its long-serving chairman Ibrahim Abdul Rahman, the father of jailed former finance minister Anwar Ibrahim. Anwar, once Prime Minister Mahathir Mohamad's heir-ap-parent, was sacked
      Reuters  -  162 words
    • MALAYSIA Briefs
      • Article
        Lock icon Untitled
        0 14
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      • Article
        Lock icon 1-for-
        8 14 Reuters rise to 54.988 million share*. Reuters
        Reuters  -  8 words
      • Article
        Lock icon profit for Hong Leong Ind
        29 14 Bernama IKUALA LUMPUR] Hong LaopfJatotrtesßhd reported a pre-tax profit million (5138.9 million) for the oJenS pro!?* a^K^nmoa^ktfae Evince per share stood at 7.7 ten.—Bernama
        Bernama  -  29 words
      • Article
        Lock icon HSBS to arrange US$1.26 loan for KL
        44 14 Bloomberg [HONGKONG] Malayelahae hired HBBC to arrange about US$l.36 billion (5t2.26 billion) In international sovereign loans denominated in dollart and yen, said HSBC. Proceeds will be used to refinance eartstlmlßH, accordb«to BasisPotnt, an Aeia-Pacificdebt capital markets magazine.—B&oombsrg
        Bloomberg  -  44 words
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      373 13 ,Lj—L— -I I i ♦\g.A «M.>f *zy o vi.'iL- i*jir>*i: f fifti r r_rTyi ~i H y m 5/tp v :-c a' I* ..•-■;j.•. "t v T V> \T v •>•: -.1 1 JT \i' Is there any reason why limited budget has to mean limited growth? >>\ .;r;! 'J
      373 words
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      150 15 »i||iMßy|PPi^^ ®|r'?:^^?ll'-'^T& l1 Ms9Sl9 |||RSl| '•S^f^p 4 "'%■?«-»>- r 5 -'V s6 ffi lIPP t- pHR PI g ;S -i*V K 'r"' i *1• /v. ~:y -v:- r".''^ 1 w t f /figW *-HtfL I Hsoi Btw I B I would like more information on NCOQ (you may tkk more
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  • SOUTH east asia
    • Article
      Lock icon Siam Cement to benefit from restructuring: V-P
      346 16 BANGKOK Its revamp will gain momentum given the recovering Tluu economy Reuters THAI conglomerate Siam Cement Pic expects its balance sheet to show significant results from restructuring in the third quarter this year, the Nation newspaper said yesterday. It quoted vice-president Aviruth Wongbuddhapitak
      Reuters  -  346 words
    • Article
      Lock icon Stanchart: No new capital for Bank Bali till rights dose
      197 16 JAKARTA AFX-Asia STANDARD Chartered Bank said it cannot inject fresh capital into PT Bank Bali as stipulated in the investment agreement, until the latter has dosed its rights issue. On July 26, Standard Chartered Bank signed a management agreement with
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      Lock icon BOT working on management proposals
      362 17 BANGKOK Bllfll ffl mfahmnw capital and a new supervisory regime expected In 2 years AFP THAILAND'S central bank is to coordinate with debt-laden domestic banks to thrash out a new regime to balance loan risk with capital needs, reports said yesterday. A new capital framework,
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      Lock icon Viet stockmarket watchdog seeks foreign audits
      171 17 HANOI VIETNAM'S stockmarket watchdog wants foreign accounting firms to help audit local companies before they list on the country's future stockmarket, an official said yesterday. The official from the State Securities Commission said foreign accounting firms were currently prohibited from auditing 100 per cent
      171 words
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      Lock icon Japan still largest investor in Thailand
      245 17 TOKYO JAPAN remained the largest investor in Thailand in the first nine months of this year, mainly through investments in the electronics sector, Thai Board of Investment (BOI) secretary-general Staporn Kavitanon said yesterday. "Through September we have approved 141 Japanese projects, almost as many
      245 words
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      558 16 B^aßCCßsrruftr m FINANCIAL CORPORATION SUBSIDIARIES (Parent of Bank of Hawaii) Consolidated Statement of Condition Consolidated Statement of Income At the Qom of BusineM December 31,199S Year Ended December 31,1996 in thousands oi in thousands erf US. dollars US dollars except par share amounts ASSETS Intaeat-Bearine Dmm>i *****7 Interest Immw Investment
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      449 17 Surviving in a Knowledge; v Economy: y LEARN, UNLEARN RELEARN v from Experience GUEST-OF-HONOUR: Mr Othman Bin Haron Eusofe, Minister of State for Ministry of Manpower t Mzn* < .-I S* V* ■V •> A CIO Forum on 25 Nov, comprising CEOs of leading companies and Experiential Learning encourages educators
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  • EAST asia
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      Lock icon HK's Tracker Fund to control allocation of units
      436 18 HONGKONG aimed it Muttering arbitrage en fluid's IPO Reuters, Bridge News SPONSORS of the Hongkong government's Tracker Fund aim to counter arbitrage on the blue chip fund's initial public offering by controlling the allocation of units, a top co-sponsor executive said yesterday.
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      Lock icon Guoco catches analysts' eye as arbitrage play
      417 18  -  From, Meera Tharmaratnam in Hongkong GUOCO Group, a Hongkongbased conglomerate with interests from China to Malaysia, has caught the attention of several analysts, who say the stock may be worth a punt as an arbitrage play. At HKH9.BO, Guoco is valued at HK18.45
      Source: Bloomberg  -  417 words
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      Lock icon Taiwan aims to be a superpower – in IT software
      341 19 Taiwan aims to be a superpower in IT software Output of these predncts sett* sear te USsl4b in 2006 AFP [TAIPEI] Taiwan, already the world's leading supplier of computer hardware, is now aiming to become a software power to reckon with. The island opened a software industrial complex yesterday which
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    • Article
      Lock icon China state firms suffer listing setback
      287 19 SHANGHAI Bridge News LOW liquidity on China's stock markets has delayed the listing of more than 20 large state-owned enterprises (SOEs), analysts said yesterday. This runs counter to the government's wish to reinvigorate the state sector. China has pledged to allow more SOEs to
      Bridge News  -  287 words
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      245 18 Collective Sale ROSE GARDEN Prime Freehold Development Site Sita Araa: 191,037 aq ft V ?J± DGP Plot Ratio 2.1 Cloaa proximity to tha popular ST East Coast araa /x^pV Easy accessibility to airport and J t\\ Subject to Strata Vdesßoerds IED -//mmm Approve!, if required 38 Nov 1998 Wad at
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      163 18 Collective Sale CUSCADEN TOWER Prime Freehold Residential Site Site Atm: 38L412 aq ft 11 U [X3P Ptot RaOo 21; up to 30-«torwy Waking dntanca to OrchanV §j Scaßa Road Shopping B«it J Ctoaaprnrimity to Orchard "TBTy^&X^F Subject to Strata Tides Boards 17 Nov 1998 Wad at 3pm For furthar information
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      47 19 TOTAL WASTE MANAGEMENT SOLUTIONS At Least I SAVINGS af I with SEMAC'S .It E FACTORYPAC i^ssr VOLVO I lor life VOLVOS HAVE ALWAYS FORCED 1 OTHER CARS TO BE SAFER. THIS ONE j WILL FORCE THEM TO BE BETTER. 1 l T I -THE NEW VOLVO SBO
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  • in hongkong
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      Lock icon Of democracy and dictatorship
      2506 20 The right political and economic systems differ from country to country, says SM Lee Senior Minister Lee Kuan Yew fielded questions after delivering a speech to the Hong Kong Policy Research Institute on Monday. The following are some excerpts. SENIOR Matter,l have a qtrartiou on democracy.
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      69 20 > THE WORLD S LEADING 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS w A J. liKoipoi.ittori h t'i ti(jm USSSOO BAHAMAS If RSf V BRITISH VIRGIN MAURITIUS ISLATJOS Sf YCHH LIS B CAYMAN ISIANDS SAMOA BELIZE I Visit OCR As definitive Offshore Companies Web Site <it www ocr.. com I
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  • SOUTH asia
    • Article, Illustration
      Lock icon Pakistani report alleges graft by Sharif
      447 21 He's said to have skimmed hundreds of millions of dollars while in office NYT [WASHINGTON] Pakistan's deposed prime minister, Nawaz Sharif, skimmed hundreds of millions of dollars from public works, wheat imports, sugar exports and other government projects, according to detailed records compiled by
      NYT  -  447 words
    • Article
      Lock icon Indian Oil Q2 profit up 24%
      104 21 NEW DELHI Bloomberg Indian Oil Corp Ltd, the country's biggest oil refiner, said its fiscal second-quarter profit rose 24 per cent, helped by higher prices for petroleum products. The state-controlled company's profit rose to 9.87 billion rupees (*****.2 million) in the three months ended
      Bloomberg  -  104 words
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      106 21 New Zealand FkEEHOLD Managed Investment Opportunities h rByB|YC[)Q Or w WT BRAND NEW COMPLETED SEPTEMBER 1999 •S SIM dUALfTY FEATURES INCLUDE: Tennis court Swimming pool-Gym Outstandinghaibour&dty views, overlooking America* Cup Base •NO CAPITAL GAINS TAX OR STAMP DUTY VtSfT HunMi AUCKLAND Bayieys Real Estate New Zealand PfcOPCKTY EXHIBITION Dinah Macky
      106 words
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      135 21 THE PREMIER LOCATION I Development Opportunity I Property Kim Lin Mansion i I Location Exclusive neighbourhood at Grange I Road and Jalan Arnap. 1 Super luxurious condominiums in the j vicinity include The Colonnade, Four Seasons Park and the proposed Grange I Situated in a tranquil residential enclave, I it
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  • WORLD news
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      Lock icon US govt report warns of new risks for E Asia
      386 22 WASHINGTON Balking woes could endanger recovery if govts drop reforms after IMF funds are disbursed Bloomberg SOUTH Korea, Indonesia and Thailand could back away from painful financial reforms they promised the International Monetary Fund, and that would spell new trduble
      Bloomberg  -  386 words
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      Lock icon Seoul moves to counter concern over Daewoo
      411 22 SEOUL FWstfcatgrtvp's debt cmU prtvtke fresh feudal crisis Bloomberg WITH the Kospi index reeling, South Korea said it is preparing steps to counter concern that Daewoo Group's debt could be higher than expected and provoke a fresh financial crisis. "The government is preparing
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    • Article
      Lock icon Fujitsu profit falls 72%; Toshiba goes deeper into the red
      270 22 TOKYO Reuters TWO leading Japanese electronics makers unveiled dismal half-year earnings yesterday, with profits at Fujitsu Ltd tumbling more than 70 per cent and Toshiba Corp sliding deep Into the red. Fujitsu said its group net profit fell 71.6 per
      Reuters  -  270 words
    • WORLD Watch
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      Lock icon UK regulator plans to clamp down on share options
      274 23 LONDON FT THE accountancy regulator plana to crack down on the growing use of share options as a way of paying workers. Proposals set to be floated by the Accounting Standards Board (ASB) next year will upset the industry, as they
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      Lock icon GDP up on stockpiling?
      414 23 mLLEMIIXUM UOUMTUOWIV Any Y2K linked economic weakness likely to be temporary, US panel told Reuters [NEW YORK] US businesses and individuals will probably spend more money than usual stockpiling goods at year-end due to concerns about potential year 2000 computer problems, experts told a special Senate
      Reuters  -  414 words
    • Article
      Lock icon S'pore optimistic about global trade talks
      520 23  -  But WTO trade ministers remain deadlocked over draft blueprint From D Ravi Kanth in Lausanne TRADE ministers and senior officials of 24 important World Trade Organisation member countries remained at odds yesterday over how to proceed on a draft blueprint for the upcoming round
      520 words
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      Lock icon Coetzee's Disgrace wins Booker Prize
      244 23 LONDON NYT DISGRACE, J M Coetzee's powerful novel about life in post-apartheid South Africa, won the Booker Prize, Britain's most important literary award, on Monday. Mr Coetzee is the first person in the 31-year history of the Booker, which is worth about U5535,000 (5558,230), to
      NYT  -  244 words
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      52 22 I choose Asia Pacific s imhk IHI U i i BEST Internet Service Provider, Pacific Internet, f because guarantees ife l 100% UPTIME y DOUBLE V my money back l When you sign on for one of Pacific Internet's Business-Services, you're getting more than just another Internet connection. We 100%
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      189 23 k r 'ffe .'i H v#** > v 1 mhhhm ■■HUH HH HI HH < HH HHHH IHHHHHIHB learn a lesson from is. Ceffee with training can ke highly ADDICTIVE! No quauM. no travailing and no dozing off white you attend tt»i» training. SH hot coffaa while cruising through our
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      2030 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, BANYEN SAE HBO of Apt Blk 545 Serangoon North Ave 3 #13-198 Singapore *****5, have applied for a Retail Liquor Shop licence In respect of M/s Golden Provisions located at 5001 Beach Road
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      975 24 NOTICE NOTICE 18 HEREBY GIVEN that I KENNETH TAN KAY SOON of 7 Jalan Tari Piling, Singapore *****1, have applied for a WHOLESALE LIQUOR SHOP In respect of M/S SYNDIKOS PTE LTD located at 8 Lorong Bakar Batu #07-12, Singapore *****3, and that this application will be considered by the
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  • THE WORLD
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      Lock icon Micron to supply chips to Compaq in five-year deal
      620 25 NEW YORK No fignres given, but industry sources say agreement could be worth np to USs2ob Reuters MICRON Technology Inc, he biggest US maker of memory chips, will provide Compaq Computer Corp with a supply of vital memory components for its
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    • Article
      Lock icon Dell leaps over Compaq to take top US slot
      587 25 SAN JOSE, California Bloomberg DELL Computer Corp for the first time surpassed Compaq Computer Corp to become the No 1 personal-computer maker in the US, though Compaq kept its worldwide lead, two market research firms said. Dell sold almost two million
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    • Article
      Lock icon Intel unveils 15 faster Pentium processors
      448 25 SANTA CLARA, California It reclaims lead from AMD in race to have fastest chip Bloomberg INTEL Corp, the world's No 1 chipmaker, unveiled 15 faster Pentium processors, reclaiming the lead from Advanced Micro Devices Inc in the race to have the fastest computer chip
      Bloomberg  -  448 words
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      600 25 I Mahopay I I (Goo or Mm) with Aniline Leather Rcf. 016 Rcf. 022 I 033 (Regular) $598 Aniline Lcwher Armchair $2588 Aniline Leaihcrsl 188 Pbny Skin $1288 Ref 032 (Large) $1088 2Sett 50&*****. 3 j Ref. 013 Refc 029 (Adjuaable height) Ra£ 012 $1285 (Aniline Leathg) $888 (Fabric) J
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      344 25 9 QUEEN ASTRID PARK 7~~7 H Legal Description Lot 257-20 MK 4 /Si J§ JxJ Land Area 2574.9 sq m 70 L (approx. 27,716 sq ft) -J*l /v/ Tenure Leasehold999years y A/ Description Single-sty bungalow sitting on a x regular shaped land plot with t) approx. 47m road frontage. It
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  • FINANCE & commodities
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      Lock icon Futures slide under weight of sellers
      282 26  -  annT Reports ffff^fyngapnrotiiAw Daphne Tay Jardine Fleming THE Singapore stock market had another lacklustre session yesterday, following overnight losses on Wall Street and in the absence of domestic leads. Ongoing rate hike fears, increased volatility in the US equity markets and the lack of
      282 words
    • Article
      Lock icon Institutional buying spurs futures
      158 26  -  MSCI Taiwan tatnres Cecilia Loh Rtfco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday staged a rally for the second consecutive session, posting a gain of 4.0 points or 1.2 per cent on the back of institutional buying interest The Taiwan Weighted Price Index rose
      158 words
    • Article
      Lock icon Oil edges up ahead of US stock data
      244 26 BMEROY REPORT Reuters [LONDON] OU prices yesterday consolidated recent gains, moving sideways after a bounce last week. International benchmark Brent crude traded seven cents higher at U5522.90 a barrel. The gpin* came after fresh signals from oU producers including the Organisation of
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    • Article
      Lock icon CURRENCY REPORT
      319 26 Reuters London Euro weakness forced the spotlight off yen strength yesterday as losses the single currency had initially suffered against the yen turned into a broad-based rout. The euro lost two yen, falling to a one-month low as yen bulls were encouraged by expectations that the Japanese government
      Reuters  -  319 words
    • Article, Illustration
      Lock icon Untitled
      755 26 N«k Mftrtto >«F. Sfc* 1 3 ft La* > 3 ya ulTCROSS RATES Oct26 «t a u» n. m m at*.* »m u m m m M* 6.178 0.602 3,941 1177 5.054 ***** ***** 1604 7448 2-472 *****3486 24.171 UK 4M Ml ********** 1394 1683 CM* 1041 5.431 1417 4171
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      Lock icon Untitled
      498 26 <*■(*> if 5 S 2 ss *n 33 5uS a -m. PQ«T-* Oct 26 T C Agin tM 99 mM 1MJO WM 0ct 99 W6CLOO 1057JO 1058«50 SiV *WW 1070.00 WW 90 HMjOO ~^S~ "fifSqff'm Wr'WrtfT'vm V! |p jfi- SSSwIS 'i f ;f •j&iMrnm mmTJ MM nmammmwrMMM o*» MUBBIfrt Ontt6
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  • STOCKS east asia
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      Lock icon Hang Seng snaps 4-day rising streak
      2508 27 HOHGKOHG AFP QBugSag -map HONGKONG share prices closed 1.8 per cent lower yesterday to snap a four-day rising streak as buyers took to the sidelines in the absence of fresh incentives after Wall Street's fall overnight. "Basically, the market is just following Wall Street,"
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      Lock icon CHINA
      768 27 AFP FlShenkißliig +LBO SHENZHEN'S hard currency B shares closed higher yesterday on a technical rebound aided by gains on the domestic A share market, brokers said. The B Share Index rose 1.80 points, or 2.36. per cent to 78.04 as turnover soared to HK129.9 million from HK110.4 million on
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  768 words
    • Article
      Lock icon TAIPEI
      310 27 AFP HWPMbi *IM2 TAIWAN share prices closed 0.3 per cent higher yesterday as investors chased financial stocks on news of bank mergers. The Taiwan Stock Exchange Weighted Price Index rose 19.42 points to 7,76&.2fr, on turnover of NT$BB.7 billion. "Buying in financial stocks pushed up the index in early
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    • Article
      Lock icon Nikkei shrugs off Dow's fall
      1507 27 TOKYO AFP QnUaiXß ♦BJO SHARE prices in Tokyo rose 0.1 per cent yesterday despite a fall on Wall Street, as investors chased information technology issues, brokers said. The Nikkei Average of 225 selected issues finished up 23.00 points at 17,671.79. The Topix of all issues
      AFP  -  1,507 words
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      61 27 r —7 —BHEST limn UP YOUR. I I «v«™»rr pcwitouo I I IPO. Shares. Bonds. Stocks. Annual Reports. mm I ZZT*"" I Whatever you're offering, we help you reach out I I to 86.7% of all adults In Singapore dally. I V*.*,. =SS ar=r--==»t«a r. —mm iiuml g ---j— The
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  • STOCKS klse
    • Article
      Lock icon Untitled
      7338 28 i*** our mt cm MM U» Campany 1* *h OOP HM U» Wft M 440 233 AJinomato 310 Midi 2 30 30 1*7 UU 174 44 >«*««« 144.0 404 220 ApoPoFaodMp 320 unc* 1 320 320 73 124.0 294 ns 8ar|ayalanp 170 -1 57 17* 177 9.7 1234.0 999 450
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      Lock icon Shares drift lower ahead of Budget
      188 28 AFP njOipMiUiliteg -422 MALAYSIAN share prices closed 0.6 per cent lower yesterday as investors remained on the sidelines ahead of the release of the national Budget for 2000, dealers said. "Trading was dull for the most part save the situational stocks and even those
      AFP  -  188 words
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      28 28 IBIIPHWI ifiw M M > -H- J-JLJi lliflilß 1 PPlllßm W I■■ 111 ||WI IWiW ll— MI W—mini■■ I'■ UIHW ii w 111 hi ii ii MOTORING every Thursday
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  • SES clob & regional stocks
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      2047 29 BONDS &WARRAMTS Oct 26 Ml •MM u* W Ba» »«l M Cm tarn tmm ■Si Im mm Ctrnm Mi «*r nm u» Mar *8* >*» i—awn m» nw KM 9.5 iMO A Aear ******1 US$ 42 43 ,2 2? t2 79 29 m ]?i m J13 21 80 14 t
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      Lock icon BANGKOK
      736 29 AFP HSETMtt *138 THAI stocks rose 0.6 per cent yesterday on the back of selective buying in the key chemical and electronics sectors but late profit-taking trimmed gains, dealers said. As trading resumed after a holiday on Monday, the benchmark Stock Exchange of Thailand Index gained 2.38 points to
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      Lock icon MANILA
      260 29 AFP QMMOI *701 PHILIPPINE share prices closed 0.4 per cent higher yesterday on a technical rally, brokers said. The Philippine Stock Exchange Composite Index added 7.19 points to close at 1,927.65. Volume reached 1.3 billion shares worth 2.7 billion pesos. AFP Ptt» Paao *h (Hl» IMC AIM 0.72 -0.02
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      Lock icon JAKARTA
      647 29 AFP QOnpootebdez -232 INDONESIAN share prices fell 0.5 per cent yesterday on profit-taking following the announcement of the new Cabinet, dealers said. A dealer at a local brokerage described the market situation as confusing. "We did see some foreign buying in selective counters but at the same time most
      AFP  -  647 words
    • Article
      Lock icon WELLINGTON
      252 29 AFP BjWeflingtflP +671 NEW Zealand stocks closed steady yesterday after a long weekend on average volume of NZ593.7 million. The NZSE--40 Capital Index was up 0.79 to 2,091.04 with Telecom up five cents to NZ$7.9O. Telecom accounted for 40 per cent of total market turnover.—AFP mm *h cmm MvanU«*HOS
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    • Article
      Lock icon SYDNEY
      530 29 AFP □AnOrfatriM -24.7 AUSTRALIAN shares fell 0.9 per cent yesterday amid continuing anxiety about the prospects for a hike in interest rates, brokers said. The benchmark All Ordinaries Index closed 24.7 points weaker at 2,830.7. The All Industrials Index slipped 45.7 points to 4,900.2 while All Resources dipped 6.9
      AFP  -  530 words
    • Article
      Lock icon SEOUL
      212 29 AFP QOMnpofltelßfax -LB3 THE Korea Stock Exchange Index closed down 1.83 points at 797.01. Volume was 225.4 million shares worth 2.2 trillion won. —AFP MM nntmlml 500 •rata Tad) —imO HOO C*ntr« tank -2M0 CMCtm moo -too DMGutM 4X0 «nd» 0MMX«CW» D— II C«t» ——.*00 DwilOwl DwrnHmyM JOtO *0
      AFP  -  212 words
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  • Article
    Lock icon STOCKS ses
    7281 30 MAIN BOARD Transaction date: Oct 26 gg3, m g <&■ *s a *5 g aia ■HI—HI 1*2 T7.5 m b 1000 Acma 50c "led unch *****109 110 m II 41 M 1*33 109 34 25 C 1217 AMancoToah 38 35.5 314 38 114 MJ > 1093 Asia Food*
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      66 30 1 /MWml iUDEMARS PIGUET 2 fmtL Le maitre dc I'horlogerir depuis 1875 Who is behind an Audemars Piguet watch? CortiiuiYVitfdi Centre Regional Aaent Showroom a Service Centre: AUDEMARS PIOUET (SINGAPORE) PRIVATE LIMITED. Corttollwlffc*Lid NSr 9 Raffles Boulevard am 111/112 Millenla Walk Singapore *****6. Tel: 3 ***** 3/3391 353 Fax: *****01.
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  • EXEC lifestyle
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      Lock icon Golfer and gentleman
      622 31 OBITUARY Payne Stewart's life had never been so good till just before his death NYT INEW YORK] Until Monday, until his Lear jet's strange and spooky crash, Payne Stewart's life had never been better. He had won his second US Open with a 15-foot par putt on
      NYT; AFP, REUTERS PHOTOS  -  622 words
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      430 31 Where to wine, dine and entertain..."^®!»» S2*£2!£2 HH^ —————————.Mm.... y Catch our talented i -C~ aAB serenade you with /flr V erf today and yeftttyear Js-/^TIUmMWI ai«dl»greatcounoy V 1 and western type munc. \A x rl II C^ON 76 Bnw Baaah Road, Singapore *****8 Web Site Kttps//wwwx»Htoa-co«u*f E-mail: RcataurantaOCaHtodcoaiJg H|\y
      430 words
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      Lock icon Page 31 Advertisements Column 2
      151 31 wmm P M Fresh oysters, detectable M"ten,smwry honefgfaßed ham, Ui Prime Rib of Bccf """> morc m utfv watering dishes to kave you spoilt for choice. Lunch: 12 noon 2.30pm Dinner. 6.30pm 10.00pm Reservations: 831-6271/88 11J Orchard Road. Singapore 13im7. 717 4411 Fax: 732 Get- luhcU w«H\ c+e c** toft-
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  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      856 31 CRYPTIC CROSSWORD 23 No end of a triantfe? (7) 24 Hie Spanish and the German (5) VHfIUtDATS SOUfITON before second half of July 7 Incur wrath when you have a tni6i<MwisTrTsW7flfllTl 1 IslaTnl were getting on (7) bath (3,43,5) rH-W"W a BlM"H A .H?I DOWN BWe hear, Sir is close
      856 words
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  • MONEY matters
    • Article, Illustration
      Lock icon Greenback signals renewed weakness
      891 32  -  I- j I comment CURRENCIES US inflation fears could kick into higher gear this week larry wee IT has been a pretty encouraging week for regional currencies on the back of the positive response to political events in Indonesia, and the US dollar's inability to hold
      Reuters; Source: Hypovereinsbank  -  891 words
    • Article
      Lock icon Understanding China's capital movements
      718 32 Fears ofayiuui devaluation don't seem to have gone away The Economic ALTHOUGH China's financial links with the rest of the world are expanding, data about them remain scant. That may be why Chi-na-watchers place undue emphasis on what is published regularly, namely the monthly data on
      The Economic  -  718 words
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      327 32 Gear up for 9% p.a.* interest rates on I^s? your Singapore Dollar Deposit Pair your Dollar the Japanese Yen and make your money work harder. SSIEI J&jSB In a Citibank Premium Deposit you have the option of investing in two world currencies at the same time. 1 J 'jXtitSliUm This
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  • SHIPPING TIMES
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      Lock icon MARITIME STOCKS
      25 33 litesi h "3 rreW«UNU- OJC I*tcrj 369 MMCFiM^^r^i'l" 0 <Mct> Jj[ ?r 55 4« S3 MM m% *f- v ''"SI, 1 Source: BRIDGE
      25 words
    • Article
      Lock icon China criticised for mishandling piracy cases
      491 33  -  Authorities label incidents discovered as smuggling so as to confiscate cargoes, seminar told By] Marcus Hand [SINGAPORE] The Singapore owner of the tanker Petro Ranger, which was found in South China following a hijacking, has strongly criticised the actions of the Chinese authorities in
      491 words
    • Article
      Lock icon Ship sinking: bodies found
      114 33 Reuters [JAKARTA] Rescuers have recovered 15 bodies from a ship which sank off the southern coast of Indonesian New Guinea with the feared loss of more than 100 lives, the official Antara news agency said. "Some 15 of the victims were found dead and 38 others
      Reuters  -  114 words
    • Article
      Lock icon Better for shore authorities to give advice than orders
      586 33  -  STRAIT TALK By\ Seafarer SOMETIMES in everyday speech the line between advice and instruction can seem blurred. People may say "Do this!" or "Don't do that'" when they are simply offering advice. At sea, however, it is vitally important that the
      586 words
    • MARITIME safety
      • Article, Illustration
        Lock icon S-E Asia can lead the way
        1114 34  -  T3ie following are excerpts from an address by IMO secretary-general William O'Neil to a conference in Singapore Bh William O'Neil THIS is a significant conference as it deals with maritime safety and marine pollution the International Maritime Organisation's (IMO) two main responsibilities. It focuses
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      267 34 PACE ESP Linn 0 AM. 3 twrrwi i 9 Accord FoongSw 8 Altrenkiei M «l» M AopcksMb S G Link 4 AiiaOCL U Gemartram 6 Austral 8 O Avart M GtoW U B'tangltas Ooryltov V4 BSA 7 tt ITL M 7 Bat*|i Slipg S 3 BangMesJi 13
      267 words
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      Lock icon SHIPPING GUIDE
      19301 41 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advarttsar VhuI Voyaga Talaphona ETA ETA Aflvarltiar Vassal Voyaga Ttlapfiona I **M r**! I try^lllir 10/n 04/12 Nor Jul IRIS 0OS 65-37*5013 Jo ABIDJAN (ABJ) 2003 Cot* D'lvoir* «/n dvb freedom container frws «-a»" gin 03/12 MOL P 4 0 NCOLOYD DAMM 0703A
      19,301 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        676 47 Vwt Vty Wo ArrlvX Popart*™ m mbmmh Anon J 24/8*20 24/8/8*0 «J«7u!i 2M J01 24/8*00 24/8/14*0 tecErtW ****** JI2 24/8/W05 »0?SS? Mttwr £303 JB 24/8/9*5 27/«A2»> m mi OCIM JOI 24/8*00 24/10/2139 RAM Era n099 JOI 2«/«Vll:40 24/8/20*0 M MU *****9 JOI 24/8/0:40 24/8/23*0 Mocam 2299* J03 24/8/8*0
        676 words
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        Lock icon CONTAINER SCHEDULES
        1555 47 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Boott«/M«ct Rstb SMp Voy W> Etb/Btr Nrted FroM To FrMI amoo gg gg ssa $gr ass 4 ItfBOO a/n» i*/mo m**" TojS nmc *v*oo S asr its? J fSSS ,-CWfOAi WH S ess 2MJTOC 2VW» WXOC 4 WPOO ggg 3WTTOO
        1,555 words
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        Lock icon GLOBAL HOLIDAYS
        160 47 Oak IB Greece: Oxi Day. Marl Philippines: All Saints Day. Mora Japan.: Culture Day. Nor 5 Brunei Meraj Mori Indonesia: Ascension Day of the Prophet Muhammad SAW. Sweden: All Saints Day. Nov 7 Malaysia: Deepavali. Singapore: Deepavali. Russia: Day of Unity and Reconciliation. Nov 11 Belgium: Remembrance Day.
        160 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        755 47 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        755 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        247 47 rarfea* «OMn 9911 U IT J OJt 74 049 .rT Mo*omE25 I 1 0 octzi *2*1——2252 rzr 3«>AM »J oj* a M2 JJ2 300 Mas 995.5 0.9 10.1 0.00 58 0.04 M/Wl %»A 9HM mm* »«*m635 t 0 0 <L 55 i» >" WO W USA
        247 words
    • AIR & LAND transport
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        Lock icon Manila ready to compromise with Taipei on air row
        441 48 But Taiwan must also yield ground in talks to reach new bilateral aviation accord Reuters [MANILA] The Philippines said yesterday it was ready to compromise with Taiwan in their dispute over a new air agreement but that Taipei feust also yield
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        Lock icon Embraer attracts French investors
        54 48 [SAO PAULO] Mauricio Botelho, president ofßrazilian aircraft company Embraer, posing beside a scale model ofone of the company's aircraft. Mr Botelho announced at a press conference that French aeronautics and electronics groups, Dassault Aviation, Aerospaciale-Matra, Thompson CSF and Snecma had agreed to buy 20 per cent
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        Lock icon UK announces measures to improve railway safety
        503 48 Reuters [London] Britain's rail bosses bowed to government demands for new safety measures including a whistleblowing system for drivers who skip red lights, after a train crash killed 30 people three weeks ago. 5 Deputy Prime Minister John Prescott announced the action plan
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        Lock icon Air France may place US$1.6b Airbus order
        202 48 French carrier may buy as many as 13A330-200jets Bloomberg [PARIS] Air France, Europe's No 3 airline, said it may buy as many as 13 Airbus A *****0 planes worth as much as US$l.6 billion (552.67 million) for use on long-haul routes. The French
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        Lock icon Virgin's antitrust suit against British Airways dismissed
        209 48 Reuters [NEW YORK] A US federal judge threw out an antitrust lawsuit filed by Virgin Atlantic Airways alleging that British Airways gave illegal "incentive" rewards to travel agents and repeat corporate customers. US District Judge Miriam Cedarbaum dismissed the suit on grounds that
        Reuters  -  209 words
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        Lock icon Delta may build airport terminal in Boston
        153 48 Reuters [MIAMI] Delta Air Lines is in preliminary talks to build a new terminal at Logan International Airport in Boston, an airline spokesman said. The Atlanta-based carrier wants to consolidate the operations of its main airline and commuter affiliates under one roof, said
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1313 48 an FUSHT ETA HJ6MT ETD $***** 2350 mhh mm m r man 2355 UKjgi mo WW 1MB MOB F*MmBI SO909 645 $0990 065 A—lllf KLM3 0435 KLB3B 2300 II I ill COW 2048 COB OPS S0Z3 0705 S032B 2325 M VN7« 1310 W742 0905 MP MB
        1,313 words
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      177 33 aaMyi 3-E Asia can toad the way Page 2 Manila ready to Taipei on air vow J Backpage mark* repot has beaidreppeddnete -\'»pill HEP* v V v < SB?** S- -Cv .H■xV i-V;; "r --^-;M. K im t M 1 9H Ppj\ AtfCIWfT W flfr. _v 3«- VV,' %*ip iv
      177 words
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      913 34 BS? SS SB? S? Wff mSBSBP •OHGUMMA 4WM WW WW Wll WII W/11 It/11 11/11 11/11 IBM Ml W/ll Wit 11/11 11/11 Wll IS/11 17/11 11/11 S t SS USU 22? 22! 22! 22! 22! 112! 22! 221 w/n w/n n/n n/n w« n/n n/n MWM OT4S W/11 W/11 W/11
      913 words
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      488 34 Una* MMCMrepresented 5 by Me«nto»r»o<lhe Registry <* \UQPI/ Accredited Shipping Agents, National Shipping Amoc. Members o< the Singapore Fraight Forwarders Anot lUmi Q ULY UNC MALE fVBStt I VOY I Itt Tra EU P.KUWC SPOif WAU Princess lily V 0999 23/10 27/10 05/11 Empress Lily V 0699 09/11 11/11 20/11
      488 words
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      940 35 TOtUKOPt FtOMEUtOPt wssa vor a m w mi ■< jot m ia vtssa vor Irw tm turn m sou fit ia an IttMUKWm WSW M/l» M/ 1117/11 11/11 15/11 KTGOMMDOK 1211 a/10 a/10 07/10a/10 a/1* UlOftf S3MV SI/19 14/11 14/11 H/ll »/11 NY DUB *****1/10 10/10 1 J/1007/10 31/10 Iff—»
      940 words
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      2064 35 (p) HANJIN SHIPPING iikFS-' U ikUfiin -*m rmm HMUMSMPr«6ff)Pnin 1% //nra kapt m ROOK J3J*****37 SAIiS 2HBM- J3» DOQMBfI OIW7I 274 OHUTXWS OM2SO-81 MO UM: H***** MI:SIMM Qtt MSMfWOM TO NW USA A CANADA USA CANADA* 1 J pmw -vot imm I m im mam/vot sET] 55 m pm f"
      2,064 words
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      1046 36 j DSR-SENATOR LINES SJO UK/CONTINENT TOMIMIiaiANEANCANADA vtna 1 wrr 'ST ibi urn um ham wv ai wa wt tm en tn n$ vie ■»p«- ririi" »ti an *1.11 1111 1111 n.ll ■MwaMnwwniw mm an an *11 an a» n.n PVOONG IBIATOn MIIW M.ll «.11 Mll n.ll 1111 H.ll H.ll MIMA
      1,046 words
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      774 36 5 25£jSiSSiwii7 P. KELANQ: (03) 3M2877 JKT (21) *****46 taJCHMQ <0M) 4MQI-3 HO CHI MIMH MANILA MV "OPTIMA" V.9967 MV "API LOTUS" V.021 ETA SIN: 29-10-99 «N: 29-10-99 AUCKUMIP/IYTTIIION BARCELONA MV "PAO NED NAPIER" V.9232 "MING FIDELITY" V.312W ETA SIN: 03-11-99 CTA SIN: 01-11-99 Abo to Whftngton, OviNchurdi, Durndn A
      774 words
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      515 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO VMM SPORE l«i HUM TMm tulmoasv.w tiwv (ocsot wrroocwe oaun TARPON SILVER V.IMW M NOV UNO* a NOV UNOJ CAPE CANAVERAL VII4W 11 NOV aim «MV MMC TULMMV.II7 a NOV MNOV f7 NEC 11OCC TARPON SILVER V.117W 21 NOV 17 OR 14 OB HOK
      515 words
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      1616 37 I VESSEL VOV KHH HKQ I SIN I PKO IPM DX» I DM* lOA OIK NUN BAAKEfU PCL-5125 20/10 22/10 20/10 27/10 06/11 00/11 07/11 00/11 11/11 IRAN TEYFOUM PCL-5126 27/10 20/10 02/11 03/11 12/11 13/11 14/11 10/11 10/11 IRAK SHAHRYAft PCL-5127 03/11 00/11 00/11 10/11 10/11 20/11 21/11 22/11
      1,616 words
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      983 37 Ip5S55Tsi MMWAI AGENTS: MROwisOWID M 6 WO FAX: *****0S oSjwSo9n^^ m !SSS2>SSoKSmC^^^^^^^^^^^ COSTAR SHIPPING PTI LTD #12-00 SAUS/iugs 4205«57/60 imwaid dcft (0/0) *****85 COSTAR AGENCIES (M) SDN IHD I aiKhliytyMOOOO SWGATOtE OMMt COHVBmOHAi 4205M0/SS T/SHrWTPfTT *****2S TEL 03-07-35 311 >4 FAX; 03-07-*****78 wyw w SM om UN rsi/WT qm m
      983 words
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      732 37 EXPORT 1 IMPORT IS iftiflfliflflg" in m m nil Icgrwt rot wofcn st —J EXPORT IMPORT visa vor sm vissa vor la oac sm T" 1 SSuiie. \m ISLJML ny** gg —n%r =^gl:= ~g%r~ CYAMTIW 17/11 25/11 »/l1 RbaMMkSTLOB.awBE>ai PBSABSNI IIIW WMII/11 ft/11 USWC/CANAPA WWO EXPORT Kt« I«r I n
      732 words
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      1154 38 j-M-l i f m __J B I 1 k i m M 1 w I M I iIBLA. I 1 1 PH^lftl I IMIWMHMMMMI| WP^-- j HBEznn^Bi S6P RDM AMW HM THP ZEE LHV I LHV TOP ROM A*w H3G PKL IMJ I E. DfVWE RW-887 31/11 IVII M/ 11
      1,154 words
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      523 38 PACIFIC INTERNATIONAL UNES (PTE) LTD A 140 Cecil Street, #03-00 PR. Buidfrig, Singapore *****0. CR NO: **********06 I mo m n/ui n/nl 11/11 i*/jj lf/jj m/ii 22/11 27/11 t/n I i</ii i I HBMHB JB I i«/n I 71/11 25/11 a/11 w/n f7TT 17T5 tM l»/l? I M/ifi I mnaai
      523 words
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      363 38 M THjOK ILANGMt ROM) NMt CmHHT CMTM I*o* MMM TEL *****11 (6 lints) ROC *****06 TLX: RS ***** ffl NO. 20P*****00CW VESSa VOY El* ETD OESTMOTON MAMMA 3M 3HIM 31/IMI PALBMN&ffCL lALM UMMU 14M WIIM 3HM POfTUMM MAMMA Ml Sl/1M H/11M IMUinMWMfIBWMUMMnM PORIS SEABPACE SHIPPING (8) PTE LTD 133 Ntw
      363 words
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      421 39 M MYANMA \SBBk FIVE STAR UNE I INfamc NatioHl Uh) Loading for YaafM (Roepoo) «ssh voy sin na m kd I DIG TUNG 4W SlO M—§ *2W SU> MALAYSIA AGtNTS: KXISIIAO SJOPPMG AGENQES UL TH <03)1417)00 PKL TH (03) 376*101 PBfc TH (04) *****02 PGU: TH (07) *****21/4 BANK LINE
      421 words
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      1196 39 HYUN^^AERCHANTJJAAJMNECOj^TD^^^^^^ VBSH wT "SB" liT"iriTW W~iT"li~ WHM w m wt ~m~ SB NOIAMA2OMII 02SW 20/10 15/11 20/11 17/11 10/11 52H 00/10 00/10 03/10 05/10 27/10 IAIOM 530W 20/10 H/l 1 B/ll 14/11 14/11 XTCOMMOOOM 3211 04/10 04/10 14/10 07/10 20/10 HTGMUI BIW 01/11 17/1110/11 10/11 23/11 KTM «/>• JVM 12/10
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      956 39 WALLENIUS WILHELMSEN f TO NORTH AND LATIN AMERICA "CAI ROM) HUVTUFT SHMW |vbsb voy guar mbght sm lax ari ma sav ml otf nii mm iB waoot AHot 4001 m lm "Wio "WTT 047H l77iT S7T "n7iF iW "WiF WiT To* wrai MM 4001 m LM 11/11 09/12 11/12 21/12
      956 words
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      1788 40 INDONESIA NATIONAL LINE TO AUSTRALIA I FUU.QOKUJWMRVICI IB m J*_JL JLJUB.JLJLJLK BB W M/ 11 W/ll M/ 11 14/11 azilzMW'IM M W/11 H/ll Tl/1I n/il M/ 11 mwow ub 14/11 n/ii b/ii »/ii jz_ tnwrnaa lits n/iil |«/nlw/it|w/»l ho/nlFEEPER SERVICE TO INDONESIA WT wm MUMTk ILfMMM —MMW va w murcn
      1,788 words
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      65 41 FAR EAST EUROPE| KYOWA LINE FULL CONTAINER Direct Breakbulk/Container/LCL EXPRESS SERVICE Service to Turn To Pg 5 Manila/Guam/Saipan China Shipping (S) Agents: V-Grow Shipping Pte Ltd Agencies Pte Ltd See Page 7 Daily Wallenius Asia Oceanic Wilhelmsen Container Line New Europe To Weekly Service to MIDDLE EASTI Belawan/Sin/P. Klang S.E.
      65 words
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      53 43 JMJ W? (Retrieve more schedules!) m Press "1" Select the port and key in Sflbj the four digit code eg: To New York (NYQ 2275 Key in your fax number your phone number Anothtrfhnovative service offered by The doCum€nt wl CUTODW TTMT7Q fill faxed to you* iollliTllNll 1 IMoj •for
      53 words
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      136 44 (FOREST PRODUCTS SERVICE) (Semi-Con Service For Christmas Island Kremarrtle Coon Idaod) EUROPE SERVICE I "Abo call other west Australia ports subject to inducement j TAW SKN KKU TMA VESSEL VOY. SM GO ML (OS OCEAN QUEEN 24/11 21/11 30/11 KWSTW 31/10 04/11 11/11 22/11 UMHMSFOfcJBXMH THOR KIRSTEN 4551 W/11 04/11
      136 words
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      184 44 to lunort china n. europc krvicc mr 'vov «ao ooa 5K »*o I 1 I nam I win f. 17 oct iioci—ajgci— aocT I arer if gov a gov awgr— «QCT aag__&aSL- P*j" I I ffwcv pgg agg— HANJIN SAVANNAH QT9N 31 OCT 02 NOV 04 NOV 0» NOV L_liJlg3Lj
      184 words
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      113 44 KM* THUS/ WW SAMJW6S: P. WMW/«WtfO« SOUTH KMJND HBffl wr EMMS JBAMi ffif 20® SffIP«MiSM» ma afltHM— afflnc_ mis MOI witfifli m*usw» m MiflH—mmBMUSIttI wig >1/11 800 H/j'ro OMASUM WHS 0VI1(WH» OVII (WD wamtmm ggj mm a/jonHw aSonwn BMUSMtI Wig «/l»flHB} aAI(MP Mm 388 OMUSUII Wl* 01/11 (Moio 11/11 om
      113 words
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      671 45 SHIPPING LINE LTD 71 Inw In< *04-01 to 03, th W in *****1 gig UM/OUTWAKD; $31 SMI MWAM (MO* 437 23M WfOtT STATUS (MOh 437 2371 MVBfIORY (WO): 437 MM mrnam wm* NO. 1047*******0 iOOKINOS UNt: 535 6266 (C»iki/Jwka/M»i Chon/J»»iynn/Pora/Honim) rnnzMEEasai SSIGS/weekly qjhqeeiimi 3 SLGS/WEEKLY Ivcsa voy Ml MK Ivissu
      671 words
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      710 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |rt6|Mi|MT|Mi|n|>M|cMl»Mi|mL|im|(»|wli«w|Bi|ww| ynfpipm/MM 30/10 tS/11 00/11 Of/11 10/11 IS/1) 27/11 JIZII _azil 11ZU-.IIZIL JiZtL JIZtL Jj/IL JIZIL MnwM DTP mn JtZHJIZIIJ4ZIL .UtfL J4ZIL JWL MjßL—ftiMM Bfll W*l l>/> u/>1 I>/w u/w iy/w w/w M/C WfLMm MiBT/&S4 »w» w/oi 01 m »i m w/w
      710 words
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      434 45 hmm m«iissMmiMCoram| M UM7S M vcssa vor mm s«n« Msmom UmStoS 8/99 24/10 27/10 Mtow ItoooStolO 4/99 24/10 27/10 Nato* Dm Dm lf/99 27/10 27/10 Im UmSto 12 5/99 27/10 21/10 tafctok/fc UwSto32 9/99 M/ 10 2VIO Sm** Goto! f/19 28/10 VJIO Mm IMW M/ 99 29/10 30/10 DM/Nmm/IM* WW
      434 words
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      448 46 I VESSEL VOY I TK3ERISLANO 743N 27 28H0 01-04/11 09-I(VP 1 TIGER PEARL 744N 29-3(yio 04-07/11 I TIGER SEA 745N 02-03/11 07-11/11 16-17/11 I TIGER BAY 746N 11-14/11 19-2<yil I TIGER ISLAND 747N 09-10/11 23-24/11 1 TIGER TEMPO 748N 12-13H1 18-22/11 26-27/11 XPRESS SPORE 288 30-31/10 05-10/11 16-17/11 I TIGER
      448 words
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      727 46 FREIGHT LINKS EXPRESS Tel: *****11 Fox: *****77 E-mail: flMinMngmt.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71 bobbyOflosin.com.sg
      727 words
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      985 46 fw Mb, t-rkyaM 4371)10 Q "«fcsH«: xSy JkmK I^ZZZZZZZZIZIIZZZI l««i m M 01 n n n Iomm! i mcASToiI4B44 an ran u/» ivii ran i//ii l2£iJ2!!iSEl SO! •'25 52! ooQMMVB4s ivii ivii koi xvii h/u hoi lS£2!£l?2£, J2! IKS ,v,< iyw "SjjBMuMMWCA tt)i qifflL> g/l1 112/12 Dl/1: c 7t c
      985 words
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      161 47 HI ;^Hb E The tide has turned. The shipping industry has picked up dramatically in the past year. It's all systems go! Around the world, aging fleets have to be repaired, converted or E replaced and local shipyards can develop more market depth. 4» E Shipping Times brings news of
      161 words
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